4//SEC Filing
AVOCENT CORP 4
Accession 0001179110-09-001585
CIK 0001109808operating
Filed
Jan 25, 7:00 PM ET
Accepted
Jan 26, 9:50 PM ET
Size
16.5 KB
Accession
0001179110-09-001585
Insider Transaction Report
Form 4
AVOCENT CORPAVCT
BLANKENSHIP EDWARD H
Senior VP Finance & CFO
Transactions
- Disposition to Issuer
Common Stock
2009-01-22$14.97/sh−767$11,482→ 47,752 total - Exercise/Conversion
Common Stock
2009-01-22$14.97/sh+7,313$109,476→ 48,519 total - Exercise/Conversion
Performance-share awards with Market Conditions
2009-01-22−7,313→ 10,968 totalExercise: $14.97From: 2009-01-22Exp: 2018-02-19→ Common Stock (7,313 underlying)
Holdings
- 10,000
Options (rights to buy)
Exercise: $27.25From: 2003-03-07Exp: 2013-03-07→ Common Stock (10,000 underlying) - 3,000
Options (rights to buy)
Exercise: $26.14From: 2005-06-30Exp: 2015-06-30→ Common Stock (3,000 underlying) - 10,000
Options (rights to buy)
Exercise: $40.98From: 2004-02-05Exp: 2014-02-05→ Common Stock (10,000 underlying) - 25,000
Options (rights to buy)
Exercise: $15.46From: 2002-07-25Exp: 2012-07-25→ Common Stock (25,000 underlying) - 5,000
Options (rights to buy)
Exercise: $28.96From: 2004-08-19Exp: 2014-08-19→ Common Stock (5,000 underlying)
Footnotes (7)
- [F1]Grant date, options vest over four years, 25% on the first anniversary of the grant date and 6.25% quarterly over the remaining 12 quarters.
- [F2]Grant date, 25% vests after 6 months, 7.5% vests every three months for the final 10 quarters. Vesting of unvested options accelerated and became 100% vested on December 25, 2005.
- [F3]Grant date, 100% vested on December 31, 2005.
- [F4]Includes time-based and performance-based (now deemed earned) restricted shares awarded on April 27, 2007, and February 19, 2008. 9,413 shares vest on January 1, 2010, and 6,187 shares vest on January 1, 2011. This also includes 8,000 shares of restricted stock units granted on July 14, 2008. These shares vest on the earlier of the first anniversary of the grant date or the closing price of Avocent's common stock being at or above a specified level for each trading day during any consecutive 30 calendar day period.
- [F5]Earned Date; These are Performance Shares granted on February 19, 2008 now deemed earned at fifty percent. 2,438 shares will vest on January 22, 2009 with the remaining two-thirds vesting in equal amounts on January 1, 2010 and January 1, 2011.
- [F6]These are Market-Condition based Performance Shares granted on February 19, 2008 now deemed earned at fifty percent. 2,438 shares will vest on January 22, 2009 with the remaining two-thirds vesting in equal amounts on January 1, 2010 and January 1, 2011.
- [F7]767 shares were withheld as payment for taxes at the release of restricted shares on January 22, 2009.
Documents
Issuer
AVOCENT CORP
CIK 0001109808
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001109808
Filing Metadata
- Form type
- 4
- Filed
- Jan 25, 7:00 PM ET
- Accepted
- Jan 26, 9:50 PM ET
- Size
- 16.5 KB